“Immoral” companies making profits on backs of poor – Kelly

It’s time to reign in companies making enormous profits from the energy crisis when they’re able to produce electricity at low cost.

So says Fine Gael MEP Sean Kelly.  The European Parliament this week voted for a range of measures to tackle soaring energy costs and ease the pressure on European households and businesses.

MEPs backed EU proposals to impose windfall taxes on companies making massive profits from electricity produced at low cost such as renewables, nuclear and lignite.

Sean Kelly welcomed the move.

Out words: member states

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